Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
48 hedge funds and large institutions have $40.5M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 11 closing their positions.
45% more call options, than puts
Call options by funds: $206M | Put options by funds: $142M
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
1.41% less ownership
Funds ownership: 4.92% → 3.51% (-1.4%)
6% less funds holding
Funds holding: 51 → 48 (-3)
22% less capital invested
Capital invested by funds: $51.7M → $40.5M (-$11.2M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.48M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$2.04M |
| 3 |
Jane Street
New York
|
+$1.82M |
| 4 |
SIM
Seaview Investment Managers
Miami,
Florida
|
+$1.03M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$616K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$9.04M |
| 2 |
HF
HRT Financial
New York
|
-$3.8M |
| 3 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
-$985K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
-$471K |
| 5 |
Morgan Stanley
New York
|
-$466K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TNB
51
TCF National Bank
Sioux Falls,
South Dakota
| – | -$254K | -3,000 | Closed |
|
52
HighTower Advisors
Chicago,
Illinois
| – | -$206K | -2,444 | Closed |
|
53
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$149K | -1,755 | Closed |
|
|
VFA
54
Valeo Financial Advisors
Carmel,
Indiana
| – | -$34K | -400 | Closed |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| – | -$18.9K | -250 | Closed |
|
|
TCM
56
Tradewinds Capital Management
Bellingham,
Washington
| – | -$2K | -20 | Closed |
|
|
APA
57
American Portfolios Advisors
Holbrook,
New York
| – | -$170 | -2 | Closed |
|
NUGT Hedge Fund Activity: Q4 2020 in Review
48 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q4 2020, worth a combined $40.5M — down 22% from $51.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NUGT and 8 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 12 added.
The largest buyer was Susquehanna International Group, adding an estimated $5.48M. The largest seller was Citadel Advisors, exiting entirely with an estimated $9.04M sold.
- 48 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q4 2020, down from 51 in Q3 2020.
- Funds reported $40.5M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q4 2020, down 22% quarter-over-quarter.
- 8 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q4 2020 and 11 closed out, a net change of -3 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q4 2020 was Susquehanna International Group, an estimated $5.48M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q4 2020 was Citadel Advisors, an estimated $9.04M sold.
Based on aggregated 13F filings for Q4 2020.